This report provides a detailed analysis of finance and funding within the travel and tourism sector, using Carnival Corporation & plc and Dalata Hotel Group plc as case studies. It explores the importance of costs, volume, and profit in financial management, analyzes pricing methods and factors influencing profitability, and assesses the use of management accounting information as a decision-making tool. Furthermore, the report interprets the financial accounts of Dalata Hotel Group for the year ended 31st December 2016, comparing performance against 2015, and analyzes sources and distribution of funding for the development of capital projects associated with tourism. The analysis covers various aspects of financial management, including break-even analysis, economies of scale, and the impact of political, market, and social factors on profitability.
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